The not-for-profit alternative to PPMCs

Physician practice management companies (PPMCs) are very fashionable for physicians seeking long-term security. But not-for-profit alternatives to PPMCs, namely not-for-profit hospitals, can also provide needed revenue and management guidance without putting a medical group at the mercy of stockholders. Although the not-for-profit alternative has its drawbacks--as the fractured partnerships between some well-known hospitals and medical groups attest--administrators should not disregard the option.